ATR Bands [NeoButane]

ATR bands, smoothed with exponential moving averages.

The difference between this and other ATR bands is that high and low are used as the source for top and bottom band, resulting in more accurate ATRs. It is also calculated in log-space to aid in making the bands more "springy" when it comes to extremely volatile assets or very low timeframes.

See here for an upgraded version:

Nota Keluaran

- Added option to not use a moving average to get the real value for stop loss

Nota Keluaran

Added alert conditions for the labels. Defaulted EMA smoothing to true.

Nota Keluaran

Added additional bands that are off by default. These bands do not have alerts nor shapes attached to them, so I have turned "Show Labels When Price Closes Out of Bands" off for default to prevent confusion.

Skrip dilindungi

Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.

NeoButane

My published indicators: tradingview.com/u/NeoButane/

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Penafian

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